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Session Laws, 1951
Volume 603, Page 1432   View pdf image (33K)
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1432 LAWS OF MARYLAND [CH. 513

said bonds, shall be used by the Mayor and Common Council,
for purchasing fire fighting equipment.

SEC. 2. And be it further enacted, That the Mayor and
Common Council of said Town shall have authority to pre-
scribe by ordinance or resolution the form and tenor of such
bonds and the date or dates of issuance, provided that such
bonds shall be coupon bonds bearing interest at not more
than six per cent, which shall be payable semi- annually on
the first day of January and July, and provided that such
bonds shall be issued in denominations of not less than $100.
and provided that such bonds shall be serial bonds and a
portion thereof shall be retired annually and provided further
that such bonds shall be signed by the Mayor and Common
Council and countersigned by the Town Treasurer.

SEC. 3. And be it further enacted, That for the purpose of
paying the principal and interest of said bonds as the same
shall become due, the Mayor and Common Council is hereby
authorized and directed to levy annually a tax upon the
assessable property of Fairmount Heights in such sums as
may be necessary and sufficient.

SEC. 4. And be it further enacted, That this Act shall not
become effective until it has been submitted to the qualified
voters of the Town of Fairmount Heights, in Prince George's
County, at the next regular municipal election on the first
Monday in May, 1951. There shall be printed on the ballots
to be used at said election the title of this Act and under-
neath said title on separate lines the words "For Fire Fight-
ing Equipment Bonds", and "Against Fire Fighting Equip-
ment Bonds", with a square opposite the words at the right of
each line so that each voter can indicate his or her choice on
the question. If a majority of the votes cast on said question
shall be "For Fire Fighting Equipment Bonds", then this
Act shall thereupon become immediately effective. If a ma-
jority of the votes cast thereon shall be "Against Fire Fighting
Equipment Bonds", then this Act shall be inoperative and of
no effect.

SEC. 5. And be it further enacted, That this Act is hereby
declared to be an emergency measure and necessary for the
immediate preservation of the public health and safety, and
having been passed by a yea and nay vote, supported by three-
fifths of all the members elected to each of the two Houses
of the General Assembly of Maryland, the same shall take
effect from the date of its passage.

Approved April 20, 1951.


 

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Session Laws, 1951
Volume 603, Page 1432   View pdf image (33K)
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